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Tashilat real estate holding company plans to launch new project in Jeddah, Eqtisadiah reported. Ibraheem Al-Nahabi, chairman of the company, said that the project would take place in Salman Gulf north of Jeddah. He added that the project would be set up on a total area of 350,000 square meters. The project, named City of the Sea, will be a comfortable residential area for families.